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and i wonder if the message, reducing the debt and deficit, fixing the education system for the most vulnerable is the way he puts it. the way he talks about immigration, are those things that will resonate? >> i think jonathan's right. what the republican party used to stand for, when george h.w. bush was president, is something that the republican party doesn't seem to stand for for most americans anymore. what they seem to stand for today is being, you know, insensitive on immigration. and not being mindful of a woman's -- you know, women's rights and there are symbols that the republican party promotes, like, they say they're for education, but they want to abolish the department of education. and i think that makes it difficult for them to cut through. if eric cantor can do it, then it needs to be done. but i'm just -- i think that there are candidates out there every single cycle that get in the way of the republicans try to rebrand and they are back in this same position every two years. >> eric cantor is not alone, for sure, jonathan, your old boss, or i guess your boss, karl
and i wonder if the message, reducing the debt and deficit, fixing the education system for the most vulnerable is the way he puts it. the way he talks about immigration, are those things that will resonate? >> i think jonathan's right. what the republican party used to stand for, when george h.w. bush was president, is something that the republican party doesn't seem to stand for for most americans anymore. what they seem to stand for today is being, you know, insensitive on immigration....
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Feb 9, 2013
02/13
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he sold them a bill of goods, and what they got back was medicare part d, a ballooning deficit, and a financial crisis that devastated the country, a failed war -- a war in iraq that was ill-advised to put it mildly, and now the cuckoo's nest who he cultivated as the ground troops, the shock troops to win elections in 2000 and 2004, they think they're in charge and they're not going to listen to him saying they're not. >> what was the big thing with karl rove? did he start a war to celebrate the tax cut or have a tax cut to celebrate the war. i mean, he put it all together. joy put it right. i forgot to mention the prescription drug thing thrown in without financing it. >> right, right, right. and, you know, he did do a great job in the ots mobilizing and energizing the right wing base to get behind george w. bush, and then he and others did a great job in the last few years under barack obama of energizing them by demonizing barack obama and pushing them to the fringe. >> rove went on fox last night to defend himself and to profess his love for the tea party. what is he up to? he's t
he sold them a bill of goods, and what they got back was medicare part d, a ballooning deficit, and a financial crisis that devastated the country, a failed war -- a war in iraq that was ill-advised to put it mildly, and now the cuckoo's nest who he cultivated as the ground troops, the shock troops to win elections in 2000 and 2004, they think they're in charge and they're not going to listen to him saying they're not. >> what was the big thing with karl rove? did he start a war to...
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Feb 5, 2013
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they're talking about the economy and deficit reduction. but also in the context of how does immigration affect that? the president said he wants to do something about the 11 million people who are living and working in this country and have been doing so for years illegally. but republicans here, especially conservatives on the house side, want to make sure border protection comes first. janet napolitano is touring the border right now and says we can secure it but we can't completely shut it down because that would hinder trade and commerce. also today the house judiciary committee meeting. they take a look at what might be the best solution here. there's a group of democrats and republicans working behind the scenes to come up with a solution. no word yet on how much progress they've made. >> interesting. tracie potts, thank you. >>> nbc news has obtained a confidential justice department memo that contains the legal justification for drone strikes on american citizens. the document from the justice department says the government can ord
they're talking about the economy and deficit reduction. but also in the context of how does immigration affect that? the president said he wants to do something about the 11 million people who are living and working in this country and have been doing so for years illegally. but republicans here, especially conservatives on the house side, want to make sure border protection comes first. janet napolitano is touring the border right now and says we can secure it but we can't completely shut it...
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rich: $1.1 trillion, that was our deficit for 2012. this is the most recent projections by the office. this year, a budget deficit -- the decade production was $2.26 trillion. these numbers will be much different. much worse. it must examine the budget as if congress does absolutely nothing. and current policy continues. we have had some changes. mainly that built that passed congress earlier in the year. millions of middle-class americans do not have to pay the amt. it also changed the estate tax bumping down the rate of little bit lower than what it had been over the exception of little bit higher. the numbers we just show you, the real numbers will be much worse. we will find out at 1:00 o'clock. back to you. dagen: are we going to be in a statement from the white house at 1:15 p.m.? rich: he will talk about the sequester. he will push for congress to pass a smaller package of spending cuts and tax reform to avoid the economically harmful consequences. he wants tax increases and spending cuts. the tax issue is closed, says the repub
rich: $1.1 trillion, that was our deficit for 2012. this is the most recent projections by the office. this year, a budget deficit -- the decade production was $2.26 trillion. these numbers will be much different. much worse. it must examine the budget as if congress does absolutely nothing. and current policy continues. we have had some changes. mainly that built that passed congress earlier in the year. millions of middle-class americans do not have to pay the amt. it also changed the estate...
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. >> now, huge deficit in the state of california, and tax hike trying to fix it. we're learn that state is no longer makinga algebra a requirement for eighth graders, bad timing, they already have a hard time boein doing math. >> don't you love hypocrisy, politicians that california condition apply simple math, and now trying to dumb down the math system, if i was a smart family or business in california, i would take up rick perry's offer and move to texas with lower taxes and a better school system. >> adam, what do you make of this? >> it is this topic has nothingo with taxes. educators in southern california have a problem. students are not doing well in theira algebra classes they are following national standards that suggestion it might be better for students to wait, i think this is horrible. i would rather that everyone student in california hav algebra in eighth grade, that is the goal, the answer is get them prepared better, that is not just a tax issue, you could make it a tax issue. >so.liz: you are so humorless t. it flew over your head. >> i thought
. >> now, huge deficit in the state of california, and tax hike trying to fix it. we're learn that state is no longer makinga algebra a requirement for eighth graders, bad timing, they already have a hard time boein doing math. >> don't you love hypocrisy, politicians that california condition apply simple math, and now trying to dumb down the math system, if i was a smart family or business in california, i would take up rick perry's offer and move to texas with lower taxes and a...
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Feb 8, 2013
02/13
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we've been running deficits for years. the deficit has narrowed. china had excellent numbers as well. the bottom line is this, our fourth-quarter gdp, it was negative 0.1%. because of the positive trade data, it's going to be revised likely positive. we'll have positive fourth-quarter gdp. that's a plus for the stock market overall. we moved up today on the trade data news. sectors, it's 3 to 2 advancing -- maybe a little bit better. hmo stocks, very strong. molina had strong numbers. but the key story is all about these trade wars and currency wars as well. did you see what happened yesterday? we've got draghi versus japan. this is a big, big international battle right now. draghi talked down the euro. the euro had been strong against the yen and of course today the japanese finance minister came out and said, we're sorry, maybe the yen's gone a little too far. now he's got to go to the g-20 meeting in the next few days and explain why the yen has weakened so dramatically and hopefully people will be too angry with them. many people like the auto
we've been running deficits for years. the deficit has narrowed. china had excellent numbers as well. the bottom line is this, our fourth-quarter gdp, it was negative 0.1%. because of the positive trade data, it's going to be revised likely positive. we'll have positive fourth-quarter gdp. that's a plus for the stock market overall. we moved up today on the trade data news. sectors, it's 3 to 2 advancing -- maybe a little bit better. hmo stocks, very strong. molina had strong numbers. but the...
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Feb 6, 2013
02/13
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the sequester is designed to get the deficit under control, but economists are worried that the cuts are so deep, they'll trigger a recession. today, the president called on congress to pass a budget package to avoid the sequester or at least delay the shock. >> if they can't get a bigger package done by the time the sequester is scheduled to go into effect, then i believe that they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaging effects of the sequester for a few more months until congress finds a way to replace these cuts with a smarter solution. >> pelley: in an interview on sunday, we asked the president about all of this. we found out last week that the economy actually shrank in the last three months of last year. if the federal spending cuts that are on tap for march actually take effect, will that push the country into recession? >> i don't know if it will push the country into recession, but here's what we know. the reason that the economy shrank a little bit, despite the fact that housing is recovering, manu
the sequester is designed to get the deficit under control, but economists are worried that the cuts are so deep, they'll trigger a recession. today, the president called on congress to pass a budget package to avoid the sequester or at least delay the shock. >> if they can't get a bigger package done by the time the sequester is scheduled to go into effect, then i believe that they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically...
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Feb 1, 2013
02/13
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our rainfall deficit for january, 4" below normal in san francisco. more than two for san jose and livermore. looking live outside it's fitting we're wrapping up january on a dry note. when does the rain come back? the answer in your forecast next. >> and the star of the super bowl halftime show takes the stage early. how beyonce quickly drowned out her critics. [ singing live ] at least 14 people are dead and 80 injuried in a massive explosion at mexico's state- owned oil company's headquarters. aerial m the pemex facili >>> 14 people are dead in mexico city and 80 missing. aerial pictures from the pemex facility show lines of fire trucks and emergency vehicles. the local media is reporting exploding machinery as the case of the blast. the company has a heft of deadly accidents including one in september that killed 30 people in a gas facility in the northern part of the country. >>> california came a long way to dig out of debt. stand and poors raised its assessment of more than $80 billion worth of state bonds from a minus to an a. it's the first i
our rainfall deficit for january, 4" below normal in san francisco. more than two for san jose and livermore. looking live outside it's fitting we're wrapping up january on a dry note. when does the rain come back? the answer in your forecast next. >> and the star of the super bowl halftime show takes the stage early. how beyonce quickly drowned out her critics. [ singing live ] at least 14 people are dead and 80 injuried in a massive explosion at mexico's state- owned oil company's...
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Feb 9, 2013
02/13
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the final minute, the deficit down to 5 and smith misses in the lane. the battle for the rebound and tipping it in finally. the colonials full -- pull to within 3. the one-possession game and under a minute to g. four seconds left, gw down 3. the inbound bound to joe mcdonald and loses the ball. appears to be fouled and kroma unable to get the shot off and lonagan want wants the fall and doesn't get the foul and falls to 14th-rank butler, 59-56. >>> and hughet and george mason hosting the delaware blue hens in fairfax and starting in the first half. the patriots trailing by 5. allen gives to okalosha hitting the 3-pointer, the deficit down to two and that is as close as george mason gets. the second half, mason down 6 and jonathan arledge misses from the stop and there is no luck with the rebound. and ahead to -- forward with the dunk and falls to delaware, 79-72. >>> the tech square off today and the hokies, they would miss the first 10 shots. yes, i said that and scoring the first, seven minutes into the game. eric green down the lane, heaven -3, geor
the final minute, the deficit down to 5 and smith misses in the lane. the battle for the rebound and tipping it in finally. the colonials full -- pull to within 3. the one-possession game and under a minute to g. four seconds left, gw down 3. the inbound bound to joe mcdonald and loses the ball. appears to be fouled and kroma unable to get the shot off and lonagan want wants the fall and doesn't get the foul and falls to 14th-rank butler, 59-56. >>> and hughet and george mason hosting...
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what is a reasonable timetable for when the deficit and the debts are a big, big problem? >> i think in my view, it is as far as the eye can see. we are always thinking about a ten year horizon. we need to broaden not out even further. when you do that, the problem becomes a lot more acute. with a debt to gdp ratio, it is not so serious compared to other countries such as japan. it just is not as dire as the headlines suggest. connell: when do we deal with it? is there something to this argument to spend more money so we can create jobs? what is the timetable for when we actually should deal with it? >> i think that if you ask me do we have to do with the problem and the next three months or the next 30 seconds, the answer is no. the economy is growing below 2%. in that kind of an environment, you have to continue to be supportive. when you look at the payroll tax, that takes a considerable chunk off. you have to sequester that will take off an equal amount. we have to be careful not to overdo it. connell: the payroll tax, we have seen some confident numbers this week. i d
what is a reasonable timetable for when the deficit and the debts are a big, big problem? >> i think in my view, it is as far as the eye can see. we are always thinking about a ten year horizon. we need to broaden not out even further. when you do that, the problem becomes a lot more acute. with a debt to gdp ratio, it is not so serious compared to other countries such as japan. it just is not as dire as the headlines suggest. connell: when do we deal with it? is there something to this...
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Feb 7, 2013
02/13
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we have a deficit. here's a project that gets substantial tax revenue without raising taxes through economic activity, through job creation. further and perhaps most importantly, it will help put our country within striking range of a long-sought goal -- true energy security. for the first time in generations, the united states with its friend and ally canada will have the capacity to produce more energy than we use, reducing or eliminating our reliance on the middle east and other volatile parts of the world. the argument has been advanced that the oil sands will increase carbon emissions and that failing to build the keystone x.l. will somehow reduce emissions. but let's look at that claim. that's the other piece. let's look at the environmental aspects of this project. today, more than 80% of all new recovery in the oil sands is being accomplished in situ, a technology that makes oil sands carbon footprint comparable to conventional drilling. in fact, the oil sands industry has reduced greenhouse gas
we have a deficit. here's a project that gets substantial tax revenue without raising taxes through economic activity, through job creation. further and perhaps most importantly, it will help put our country within striking range of a long-sought goal -- true energy security. for the first time in generations, the united states with its friend and ally canada will have the capacity to produce more energy than we use, reducing or eliminating our reliance on the middle east and other volatile...
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our deficit is a big problem. what about our taxation system? when i pick up my bible, you know what i see? i see the fairest individual in the universe, god, he's given us this system. hoosr it's called time. >> he didn't stop there. carson is the head of neurosurgery at johns hopkins. listen to obamacare. >> here's my solution. when a person is born, give them a birth certificate, an electronic medical record and a health savings account, to which money can be contributed pre-tax from the time you are born to the time you die. when you die, you can pass it on to your family members so that when you are 85 years old, you got 6 diseases, you are not trying to spend up everything, you are happy to pass it on and nobody's talking about death panels. >> rush limbaugh says the republicans could learn a thing or two. >> the guy comes along in 43 seconds and sets out a position, based on our principles of individual responsibility and free market that is a logical solution that makes total sense to everybody who hears it. this man said it while obama'
our deficit is a big problem. what about our taxation system? when i pick up my bible, you know what i see? i see the fairest individual in the universe, god, he's given us this system. hoosr it's called time. >> he didn't stop there. carson is the head of neurosurgery at johns hopkins. listen to obamacare. >> here's my solution. when a person is born, give them a birth certificate, an electronic medical record and a health savings account, to which money can be contributed pre-tax...
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Feb 6, 2013
02/13
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they're among the leaders the obama administration is turning to for advice on everything from the deficit to taxes to the broader economy. >>> then, after we talk to them, they're going to paint a picture for us, we're going to turn to two powerful investors for insight into what the conversation in washington means for the broader markets. cowen and company ceo jeff solomon will join us, and the bond king, bill gross. first, steve will bring us up to speed on the morning's top stories. steve? >> thank you, michelle. disney posting better than expected earnings and revenues after the bell. the company says it expects the next few quarters to be better on a stronger lineup of films and growing attendance at its theme parks. ceo bob iegory was on cnbc's "closing bell." >> you had a lot of ins and outs. basically, the trendser good. we had strong results at our domestic parks. the bookings have been pretty solid. advertising was okay. and generally speaking, our business performed well. and our interactive media group was profitable for the quarter. that's the first time the group has been p
they're among the leaders the obama administration is turning to for advice on everything from the deficit to taxes to the broader economy. >>> then, after we talk to them, they're going to paint a picture for us, we're going to turn to two powerful investors for insight into what the conversation in washington means for the broader markets. cowen and company ceo jeff solomon will join us, and the bond king, bill gross. first, steve will bring us up to speed on the morning's top...
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experts say the deficit could drop by 2015. >> today, british parliament legalized same-sex marriage that7:ru:u&d allow couples to get married in both civil and religious ceremonies if instit yug as agree to it. it needs to pass a final vote next week. the u.s. military appears ready to extend benefits to same-sex partners of service members. a final decision has not been made on which benefits would be included. pentagon is likely to aallow the partners to have access to some programs. the pentagon repealed a ban on openly gay service men and women 16 months ago stit of florida's python challenge seems to beç&ój paying dividen. the commission says 50 nonnative pythons have been captured during the first three weeks of the competition. officials organized this contevt to raise awareness about the snake's threat to wildlife. about 1500 participants joined the hunt, it ends next week. the person corralling the longest python wins $1500. and those are large. >> coming up, baby boomers living longer than parents but are they living longer. >> and a teenager's attitude gets her in trou
experts say the deficit could drop by 2015. >> today, british parliament legalized same-sex marriage that7:ru:u&d allow couples to get married in both civil and religious ceremonies if instit yug as agree to it. it needs to pass a final vote next week. the u.s. military appears ready to extend benefits to same-sex partners of service members. a final decision has not been made on which benefits would be included. pentagon is likely to aallow the partners to have access to some...
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Feb 7, 2013
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the president refuses to lead, no one will talk details how to address our debt crisis and the deficit and debt crisis, everyone is entrenched in their positions and sitting back and saying, i think sequestration is going to happen. you know who is going to take the brunt of it. the across the board nature of the cuts are going to hurt our ability to train and maintain, vehicles, ships and airplanes and the things that provide the readiness for our military are going to take a dramatic cut and we'll have done nothing to reform the way we spend money and put our country on a sound physical track. >> of course, pete, as we talk about cutting back, our enemies are ramping up and you see north korea doing more testing and iran moving possibly closer to nuclear weapons. do our enemies overseas pay attention to our budget woes and our plans here at home? >> sure they do. they look at our capabilities. they look at our disposition. they perceive us differently when we're perceived to be drawing back and pulling away from the world and cutting our capability. so, what happens in washington is
the president refuses to lead, no one will talk details how to address our debt crisis and the deficit and debt crisis, everyone is entrenched in their positions and sitting back and saying, i think sequestration is going to happen. you know who is going to take the brunt of it. the across the board nature of the cuts are going to hurt our ability to train and maintain, vehicles, ships and airplanes and the things that provide the readiness for our military are going to take a dramatic cut and...
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Feb 6, 2013
02/13
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he made it part of his deficit reduction plan in the past. now, for more information on this, you can stay tuned to "cbs this morning" at 7:00. reporting live in pittsburg, cate caugiran, kpix 5. >>> thank you. some breaking news now out of washington, d.c. an administration official says president obama has picked rei president sally jewell as the new secretary of interior. prior to joining rei, she spent 19 years in a commercial banking industry. if confirmed she would replace outgoing interior secretary ken salazar. >>> murder in wine country. three bodies found inside a home and this morning the search now on for their killer. it's a developing story from a home on ross station road outside the town of forrestville up in sonoma county. kpix 5 reporter anne makovec has the latest. >> reporter: investigators have been doing a lot more interviews overnight. they say that they are confident they will be able to catch the murderer soon. in the meantime, this person is still on the loose because they say this was not a murder- suicide. three me
he made it part of his deficit reduction plan in the past. now, for more information on this, you can stay tuned to "cbs this morning" at 7:00. reporting live in pittsburg, cate caugiran, kpix 5. >>> thank you. some breaking news now out of washington, d.c. an administration official says president obama has picked rei president sally jewell as the new secretary of interior. prior to joining rei, she spent 19 years in a commercial banking industry. if confirmed she would...
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the fact check organization says only $1.4 trillion have the deficit reduction was in spending cuts. the rest came from tax hikes. >>> a seven-year-old colorado boy has been suspended from cool for lobbing an imaginary grenade in order to save the planet. he did not threaten anyone but violated the school's list of absolutes which forbids weapons real or pretend. his mother doesn't think it's realistic important second graders but the school district tells the herald newspaper the story is more complicated than being portrayed. >> finally as the associated press puts it, no wonder they are in danger. galapagos for advertises aluminum period around while a pianist played getting them in the mood to mate. they did not appear to be aroused by his romantic style of music but they seemed to perk up for carrots. >> iran's leader rejected one-on-one talks about its nuclear program. tehran has found another way to provoke the obama administration. amy kellogg has more from london. >> iran just released footage it claimed it extracted from a drone captured in 2011. footage of the pentagon wil
the fact check organization says only $1.4 trillion have the deficit reduction was in spending cuts. the rest came from tax hikes. >>> a seven-year-old colorado boy has been suspended from cool for lobbing an imaginary grenade in order to save the planet. he did not threaten anyone but violated the school's list of absolutes which forbids weapons real or pretend. his mother doesn't think it's realistic important second graders but the school district tells the herald newspaper the...
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Feb 8, 2013
02/13
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alienating the tea party people because he's been so consistent on other things the tea party cares about, deficit and other things. i don't think he does. i think they give him a pass on this because he is hispanic and he would go along and be in strong shape for 2016. >> the man who wrote the article said marco rubio has been able to walk the line or bridge the gap between traditional republicans or establishment and the tea party and then he's been able to do that because i like the line, he said that he speaks conservative as a first language. >> that's absolutely true. i do slightly disagree with what bob said, that's the reason why they're going to give him a pass is because he's hispanic. i don't think so. i think to your point, it's because he's incredibly persuasive and able to finally bring people together. if you listen to him go around and do those talk radio interviews with some of his most ardent critics last week, i mean, not just talk radio, but people on the very far right, they have come his way. he's very persuasive. i thing i love is he's not persuasive about the dumb stuff. he
alienating the tea party people because he's been so consistent on other things the tea party cares about, deficit and other things. i don't think he does. i think they give him a pass on this because he is hispanic and he would go along and be in strong shape for 2016. >> the man who wrote the article said marco rubio has been able to walk the line or bridge the gap between traditional republicans or establishment and the tea party and then he's been able to do that because i like the...
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: this morning, president obama is calling on congress to put aside their differences to reduce the deficit and promote economic growth. >> what we need instead is balanced approach. of course, let's cut what we can't afford but let's make the investments we can't afford to live without. the things that will help america compete for the best jobs and new industries. >> carolyn: president says the economy is poised to expand this year after 2.2 million jobs were created last year. republicans say this is the chance for congress to begin balancing the nation's checkbook jumpstart go the economy and restoring faith in our government. >>> energy secretary steven chu is stepping down. the former head of the berkeley lawrence lab drew a lot of fire but as political reporter mark matthews, he also drew a lot of talent to the department as he worked to reshape its mission. >> at the white house, president obama thanked him for his service. >> he has been a great friend over the past four years working on energy issues but also designing a cap to plug a hole in the gulf of mexico when nobody else co
: this morning, president obama is calling on congress to put aside their differences to reduce the deficit and promote economic growth. >> what we need instead is balanced approach. of course, let's cut what we can't afford but let's make the investments we can't afford to live without. the things that will help america compete for the best jobs and new industries. >> carolyn: president says the economy is poised to expand this year after 2.2 million jobs were created last year....
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. >> spending and deficit needs to be under control. >> i have my concerns but... i do believe we have a person at the helm of the nation. let's steer it in the right direction. >> is it getting cold in here? >> not to me. >> what do you think the temperature is? >> one. >> why are you wearing a pink shirt? >> it's flesh colored. i don't like to get naked in front of another man. >> a lot of spending and a lot of debt. are you concerned about that? >> i think that... um... i zront a lot of money to begin with. but i did vote for obama. >> we're down right now as a country. >> we need to get back to we the people. less government. >> we're doomed, doomed. >> i don't know if it's really records r record spending. i'm not really sure about that. >> is there anything about the president that concerns you?. >> that he's trying to bring the country into the right direction. >> i'm concerned about gun control issue. everybody in florida wants their guns. >> i think he's doing a fair job considering what he had to come into. >> we wish him the best. >> he had four years, g
. >> spending and deficit needs to be under control. >> i have my concerns but... i do believe we have a person at the helm of the nation. let's steer it in the right direction. >> is it getting cold in here? >> not to me. >> what do you think the temperature is? >> one. >> why are you wearing a pink shirt? >> it's flesh colored. i don't like to get naked in front of another man. >> a lot of spending and a lot of debt. are you concerned...
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Feb 2, 2013
02/13
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chronic sleep deficit. you add that, you know, those two with a family history and clearly she was ripe for a heart attack. >> what about you, eva? are you the one that had the aneurism? >> yes. >> tell us about that. >> so young too. >> that's the thing. i had type 2. in my 20s i had a murmur. and i knew that something was not quite right in my heart, but they said you're okay now. come back in five years. i chose to ignore the fact that i needed to go back. i waited 13 years to go back to follow-up, and the murmur was just a little noise in my heart, but over those 13 years the aneurism on top of my heart continued to grow, and i wasn't aware of it. so when i finally did go back, they did discover that the aneurism was very large. >> you are very athletic, right? >> i like to exercise a lot, yes. >> a lot of this stuff is preventable. that's the funny thing. you can fix it from the outside, but oftentimes we don't think of it. what can people at home do if they're concerned about this? >> i think people n
chronic sleep deficit. you add that, you know, those two with a family history and clearly she was ripe for a heart attack. >> what about you, eva? are you the one that had the aneurism? >> yes. >> tell us about that. >> so young too. >> that's the thing. i had type 2. in my 20s i had a murmur. and i knew that something was not quite right in my heart, but they said you're okay now. come back in five years. i chose to ignore the fact that i needed to go back. i...
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does the government need more tax rev -- revenue to cut the deficit? no doubt, says president obama. the judge calls it theft. he's here next. >> as we do every day at this time of day. let's take a look at the 10-and 30-year treasuries as we head to break. we'll be right back. ♪ this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. ♪ >> this is requester fox business brief. stocks under pressure as of dow closed above 14,000 friday, a weaker than expected factory orders report drags down the market. the government says it orders rows 1.8% in december versus a forecast of 2.2%. we'll look out for numbers of yum brands after the close today. the parent company of taco bell, kfc, and pizza hut is expected a profit of 11 cents a share on $4.1 billion. prepare for fish mcbites. mcdonald's offers them as the
does the government need more tax rev -- revenue to cut the deficit? no doubt, says president obama. the judge calls it theft. he's here next. >> as we do every day at this time of day. let's take a look at the 10-and 30-year treasuries as we head to break. we'll be right back. ♪ this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your...
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Feb 9, 2013
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. >> the president wants lawmakers to find a balanced approach to deficit reduck. he said he wants sensible changes and reforms to the tax code. the sequester could cost jobs in education and security. funding forehead start, medical research and small businesses would be cut. >> we are learning more about the president's state of the union address set for next tuesday night. themes include job creation, immigration reform, trimming the 16 trillon dollar debt and gun violence. survivors of the connecticut shooting will attend. nancy pelosi has, invited a student from another school. >>> the first lady will attend the funeral of a chicago honor student today. police say that the 15-year-old was shot last month in a park about a mile away from the obama's chicago home. investigators say she was not the intended target. just a week before she preformed with her band at the inauguration. an event that she called a highlight of her life. no arrests have been made. >> a chance to own a piece of the nosema the niners in santa clara how you can make a lasting impression an
. >> the president wants lawmakers to find a balanced approach to deficit reduck. he said he wants sensible changes and reforms to the tax code. the sequester could cost jobs in education and security. funding forehead start, medical research and small businesses would be cut. >> we are learning more about the president's state of the union address set for next tuesday night. themes include job creation, immigration reform, trimming the 16 trillon dollar debt and gun violence....
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Feb 3, 2013
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"the weekly standard" focusing on the debt, the deficit, and its impact on the children. the president speaking about these issues in his weekly address. here is more. [video clip] >> we all agree it is critical to cut unnecessary spending. we cannot cut our way to prosperity. it has not worked in the past, and it will not work today. it should -- it could slow down the recovery. it could cost us jobs. much as number in the future. let's make the investments we cannot afford to live without. embarrassment's and education and infrastructure. research and development -- investments and education and infrastructure. already republicans and democrats of work together to reduce deficits by $2.50 trillion. that is a good start. to get the rest of the way, we need a balanced set of reforms. for example, we need to lower the cost of health care and programs like medicare that are the biggest drivers of the deficit. these reforms must go hand in hand with eliminating excess spending in the tax code so the wealthiest individuals can ticket veg of loopholes and deductions the kind o
"the weekly standard" focusing on the debt, the deficit, and its impact on the children. the president speaking about these issues in his weekly address. here is more. [video clip] >> we all agree it is critical to cut unnecessary spending. we cannot cut our way to prosperity. it has not worked in the past, and it will not work today. it should -- it could slow down the recovery. it could cost us jobs. much as number in the future. let's make the investments we cannot afford to...
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Feb 8, 2013
02/13
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today we'll get data on the trade deficit and wholesale trade. the dow losing 42 points to 1 13,944. nasdaq slipping another three to 3165. scott, we're all bracing for snow and likely going to be very light trading volume between wall street and up in boston all of those mutual funds. a lot of folks putting in shorter days. >> i would imagine so. have a safe weekend. thank you much. >>> the president met with house democrats on thursday to give them a preview of the state of the union address and he's going to give that next week and that speech will include new calls for green energy. that's good for silicon valley. and many immigrants here hope he'll push for immigration reform. we talkeded about this in the past. skilled workers who need visas to stay and don't get them despite the fact they are building companies. they can't get a visa but hopes to stay another way. >> we need any entrepreneur from all over the world to come to this country and maybe give them six to nine months, probably a year, just to prove the concept and see if at the e
today we'll get data on the trade deficit and wholesale trade. the dow losing 42 points to 1 13,944. nasdaq slipping another three to 3165. scott, we're all bracing for snow and likely going to be very light trading volume between wall street and up in boston all of those mutual funds. a lot of folks putting in shorter days. >> i would imagine so. have a safe weekend. thank you much. >>> the president met with house democrats on thursday to give them a preview of the state of the...
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Feb 4, 2013
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. >> it was specially made, custom plate over the deficit in her skull which is this sort of size in the entrance. and, left-hand side of her skull. >> reporter: wow, the outspoken activist not giving up on her dreams to help others. her determination even stronger after outpouring of support she experienced following her injuries. >> because of these prayers god has given me this new life. and this is a second life. this is a new life. you want to serve. i want to serve the people. and i want every girl, every child to be educated. >> reporter: i love this little girl. malala's latest surgery restored her hearing with a cock letter implant. she will do so with a newly formed found decision, the malala fund, $10 million strong courtesy of pakistan. jon? jon: she is amazing, wow. >> reporter: so are the doctors. good for her. jon: jamie colby, thank you. jenna: new orleans was enjoying its moment in the national spotlight when suddenly the superdome plunged into darkness. the power outage putting the super bowl on hold for more than half an hour. what could cause a blackout right in t
. >> it was specially made, custom plate over the deficit in her skull which is this sort of size in the entrance. and, left-hand side of her skull. >> reporter: wow, the outspoken activist not giving up on her dreams to help others. her determination even stronger after outpouring of support she experienced following her injuries. >> because of these prayers god has given me this new life. and this is a second life. this is a new life. you want to serve. i want to serve the...
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Feb 1, 2013
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even if we have had a zero deficit. many program cuts and terminations would increase gdp and would expand individual freedom. and so the political upshot of this, and i will close on this, the clinical upshur, the fiscal conservatives always say they want to cut spending but not all of focus in recent years by fiscal conservatives in congress has been trying to impose over all restraint by putting on budget gaps, by voting for a balanced budget amendment. those sorts of cats are fine. i'm not against them but they don't reduce the underlying pressures to spend big only way to do that is to directly challenge particular programs and make the argument that particular program are harmful and wasteful, unconstitutional, unjust and unneeded. so to make lasting reform fiscal conservatives in congress need to make start making the case cost -- cuts too many programs bigger the republicans want to kill funding for big bird, for example, as candidate romney wanted to do, they got to make the case for. they got to lay out the ca
even if we have had a zero deficit. many program cuts and terminations would increase gdp and would expand individual freedom. and so the political upshot of this, and i will close on this, the clinical upshur, the fiscal conservatives always say they want to cut spending but not all of focus in recent years by fiscal conservatives in congress has been trying to impose over all restraint by putting on budget gaps, by voting for a balanced budget amendment. those sorts of cats are fine. i'm not...
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Feb 7, 2013
02/13
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. >> bill: the deficit's going down and the market the dow is going up. so there is some good economic news that you never hear about except here on the "full court press." congressman henry cuellar great to have you with us this morning. >> thank you, bill and victoria. >> bill: we'll be back to continue our conversation with victoria jones and you on the "full court press." >> announcer: this is the "bill press show." (vo) this afternoon, current tv is the place for compelling true stories. >> jack, how old are you? >> nine. >> this is what 27 tons of marijuana looks like. (vo) with award winning documentaries that take you inside the headlines, way inside. (vo) from the underworld, to the world of privilege. >> everyone in michael jackson's life was out to use him. (vo) no one brings you more documentaries that are real, gripping, current. these talking points, that the right have, about the "heavy hand of government" ... i want to have that conversation. really? you know i'd like to arm our viewers with the ability to argue with their conservative unc
. >> bill: the deficit's going down and the market the dow is going up. so there is some good economic news that you never hear about except here on the "full court press." congressman henry cuellar great to have you with us this morning. >> thank you, bill and victoria. >> bill: we'll be back to continue our conversation with victoria jones and you on the "full court press." >> announcer: this is the "bill press show." (vo) this afternoon,...
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Feb 4, 2013
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let's reform the defense budget and look at the largest drivers of our deficit in mandate spending programs those on the left end of the spectrum don't want to cut. >>brian: they took gates cuts and are going try to up them by $500 billion. leon panetta takes over from them. has the same fear. here's what he said yesterday on "meet the press." >> we've got a plan for that possibility because there are so many members saying we're going to let it take place, but i have to tell you it is irresponsible for it to happen. i mean, why -- why in god's name would members of congress elected by the american people take a step that would badly damage our national defense, but more importantly undermine the support for our men and women in uniform? why would you do that? >>brian: that is inaccurate. it is the president who proposed these sequester cuts. this isn't congress doing that. and republican fear about these cuts, would you say that's accurate? >> i would say it's accurate. there is a growing resignation to them on the hill for some reason. i was there two weeks ago. everyone seems resigned to
let's reform the defense budget and look at the largest drivers of our deficit in mandate spending programs those on the left end of the spectrum don't want to cut. >>brian: they took gates cuts and are going try to up them by $500 billion. leon panetta takes over from them. has the same fear. here's what he said yesterday on "meet the press." >> we've got a plan for that possibility because there are so many members saying we're going to let it take place, but i have to...
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Feb 2, 2013
02/13
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they discuss president obama's executive order and gun control, the deft it is -- deficit and the upcoming cases in the supreme court. >> i'm going to short everyone's bio in order to get to them. our first speaker is david boaz. he has played a key role in the libertarian movement. he's a commenter in things such as education, and the rise of libertarian. an author -- he's an author and co-editor for policy makers. following that is ilya shapiro. he have provided testimony to he have provided testimony to legislaters.
they discuss president obama's executive order and gun control, the deft it is -- deficit and the upcoming cases in the supreme court. >> i'm going to short everyone's bio in order to get to them. our first speaker is david boaz. he has played a key role in the libertarian movement. he's a commenter in things such as education, and the rise of libertarian. an author -- he's an author and co-editor for policy makers. following that is ilya shapiro. he have provided testimony to he have...
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Feb 8, 2013
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. >>> and new into the newsroom this morning, america's trade deficit with china fell quite a bit suggesting strong american manufacturing. that's good news but it doesn't jive with latest gdp numbers. economists will have to figure this one out. discouraging gdp numbers could be wrong. >>> the president met with house democrats on thursday to give them a preview of the state of the union. he'll be giving that next week including calls for green energy and immigrants here hope he'll push for reform in immigration. we've talked about this. skilled workers who struggle to get visas to stay in america despite the fact they are building companies. this is an italian who can't get a visa but he hopes he can find another way to stay. >> enabling any entrepreneur from all over the world to come to this country and maybe give them six to nine months, probably a year, just to prove their concept and see if at the end of the year they have, let's say, high 1%, they're good to go. >> he'll be my guest on "press: here" after "meet the press" this sunday. >> thank you very much. >>> time now 6:17. christ
. >>> and new into the newsroom this morning, america's trade deficit with china fell quite a bit suggesting strong american manufacturing. that's good news but it doesn't jive with latest gdp numbers. economists will have to figure this one out. discouraging gdp numbers could be wrong. >>> the president met with house democrats on thursday to give them a preview of the state of the union. he'll be giving that next week including calls for green energy and immigrants here hope...
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about the death that comes from the growing deficit so taking a stab at that for the first time in a long time will be beneficial to the economy. connell: are we making progress yet or is there much, much more to do? it is not just economists on the left making this argument, listen, to an half trillion being cut, we are getting there. smell is not the time to get all ciccone in. what do you say of those people? >> in 2007 we were spending 19.7% of gdp in the federal government. it is now around 23 or so. we want to get it back to where it was, so it is not austerity, it is not ciccone and, it is going back to a sensible level of spending. dagen: is a real problem the federal reserve, zero interest rate policy, buying treasury debt and mortgage securities, said the reason congress gets to get away with what it has been doing? >> it makes a little bit easier with the low rates and zero rates, so it is counterproductive but i think the main thing is people have to understand we had a spending explosion quite frankly and we just have to address that before it gets worse and it is always
about the death that comes from the growing deficit so taking a stab at that for the first time in a long time will be beneficial to the economy. connell: are we making progress yet or is there much, much more to do? it is not just economists on the left making this argument, listen, to an half trillion being cut, we are getting there. smell is not the time to get all ciccone in. what do you say of those people? >> in 2007 we were spending 19.7% of gdp in the federal government. it is now...
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the question is if we can reduce the deficit, can we combine some spending cuts because there's still waste in government, can we reform our health care because we spend more than eany other country. there's ways to reduce health care costs. and can we close loopholes and deductions that folks that are well connected and have a lot of accountants and lawyers can take advantage of, can we close some of those loopholes. if you combine those things together, then we cannot only reduce our deficit but we can continue to invest in things like education and research and development that's going to help us grow. washington cannot continually operate under a cloud of crisis. that freezes up consumers, it gets businesses worried. we can't afford these self-inflicted wounds. and there's a way for us to resolve these budget problems in a responsible way through a balanced approach that the vast majority agrees with. there's no reason why we can't. we can't have washington dysfunction getting in the way. >> it's interesting to hear them say we do need additional revenue but it's not going to come
the question is if we can reduce the deficit, can we combine some spending cuts because there's still waste in government, can we reform our health care because we spend more than eany other country. there's ways to reduce health care costs. and can we close loopholes and deductions that folks that are well connected and have a lot of accountants and lawyers can take advantage of, can we close some of those loopholes. if you combine those things together, then we cannot only reduce our deficit...
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Feb 5, 2013
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economic recovery and the deficit issues that face our kids and grandkids. a lot of lip service is paid to dealing with the middle class. that is the buzzword. i get concerned we're talking about just us. what about our kids? what about the middle class of the future? what middle-class life for the behalf unless we step up and do the right things? and to me it is -- i campaigned. i campaigned on the suicide mission to reform medicare end to do tax reform. every town hall, every rotary, chamber meeting. i would talk about those things and those two things only. guaranteed political suicide. we can do this. >> in answer to that question, what will we do to get washington to do with the fiscal challenge? there were some business leaders and alan greenspan was there. he said what are you going to do something on this fiscal challenge? are you going to do it before or after the bond market crashes and it will crash. he is not known for hyperbole. and it struck me that the former chair of the federal reserve is saying you are facing an impending crisis and you wil
economic recovery and the deficit issues that face our kids and grandkids. a lot of lip service is paid to dealing with the middle class. that is the buzzword. i get concerned we're talking about just us. what about our kids? what about the middle class of the future? what middle-class life for the behalf unless we step up and do the right things? and to me it is -- i campaigned. i campaigned on the suicide mission to reform medicare end to do tax reform. every town hall, every rotary, chamber...
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Feb 1, 2013
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it started to close its three fire stations on a rotating basis to close a $387,000 budget deficit. >>> it's another first tied to the catholic church abuse scandal. the archbishop of los angeles ordered roger mahony to stop performing any public church duties because of his connections to that scandal. this game after the archdiocese released private files of priests suspected of molesting children. the decision on this came yesterday after years of lawsuits and very emotional legal battles. it has support of the nearly 4 million catholics. >> i think it's good that the information is coming out. >> yes. secrecy is what keeps the abuse going. >> back in 2007, the archdiocese was involved in a record-breaking civil settlement in the church scandal. it reached a $660 million settlement with more than 500 victims of child molestation. >>> a traffic safety program for children in the san ramon valley is kicking off its 9th year. street smarts was started by bob and carmen after their two children were killed by an impaired driver in 2003. the goal of streets smart is to educate drivers,
it started to close its three fire stations on a rotating basis to close a $387,000 budget deficit. >>> it's another first tied to the catholic church abuse scandal. the archbishop of los angeles ordered roger mahony to stop performing any public church duties because of his connections to that scandal. this game after the archdiocese released private files of priests suspected of molesting children. the decision on this came yesterday after years of lawsuits and very emotional legal...
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slow as it is and the deficit issues that face our kids and grandkids. a lot of lip service is paid to dealing with the middle class. i get concerned we're talking about just us. what about our kids? what about the middle class of the future? what life will they have? to me it is -- i campaigned on a suicide mission to reform reform. and dre and do tax every meeting, i would talk about those things and those things ony. -- only. i am still here. >> in answer to that question, i was in a meeting in september of home.t mark warner's alan greenspan was there. do aid, why don't you something big on this fiscal challenge? are you going to do it before or after the bond market crashes and it will crash. he was not known for hyperbole. it struck me that the former chair of the federal reserve was saying you're facing an impending crisis and you are going to need to deal with it. are you going to deal with it before it hits or after? the answer is -- i want to deal with the problem before it becomes a crisis. we need to build trust necessary to find the solution
slow as it is and the deficit issues that face our kids and grandkids. a lot of lip service is paid to dealing with the middle class. i get concerned we're talking about just us. what about our kids? what about the middle class of the future? what life will they have? to me it is -- i campaigned on a suicide mission to reform reform. and dre and do tax every meeting, i would talk about those things and those things ony. -- only. i am still here. >> in answer to that question, i was in a...
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. >> i believe the debt and deficit are crucial issues. that's why i am a republican. but the republican party has evolved. >> bill: i want you to announce on this program so we can have security remove you from the building at the same time. grab. >> i don't want to give a stump speech there is a fascinating argument to be made for a new kind of republican. someone who is not dogmatic and new jersey the kind of state. >> bill: run and we will see what happens. >> thank you. >> bill: menendez is through. >> junior senator. >> bill: he has done -- too much shady stuff with this doctor. i don't know what he did in the dominican republic and we'll find out what he did. even if he didn't do anything there. too much shady stuff with this doctor. he is now lost credibility. menendez has. and if he is forced resign, which i believe he may be. then christie is going to appoint a republican to take 34eus his place and there will be a special election, right? >> he would probably, i would guess appoint the man who lost in the race. if i were chris christie. >> bill: then there w
. >> i believe the debt and deficit are crucial issues. that's why i am a republican. but the republican party has evolved. >> bill: i want you to announce on this program so we can have security remove you from the building at the same time. grab. >> i don't want to give a stump speech there is a fascinating argument to be made for a new kind of republican. someone who is not dogmatic and new jersey the kind of state. >> bill: run and we will see what happens. >>...
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Feb 2, 2013
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morning the president once again called on congress to work together on a balanced approach to reduce the deficit and promote economic growth. he said businesses created 2.2 million jobs last year. he suggests economic reforms including reducing the cost of health care programs like medicare and closing loopholes in the tax code. >>> this is the first time in five-year that the dow closed above 14,000. it had dropped as low as 6600 in 2009, increased consumer confidence, manufacturing and auto sales are credited for the surge. >> we are moving in the right direction compared to a lot of other countries we are in a good position. >> the economy has improved. you can put the money in the bank but you earn no interest. >> economists say many prefer american investments because the european markets struggling and many consider china as over valued. however others add that just because wall street is up doesn't necessarily mean that the average american is better off, more than 12 million are still looking for jobs. >> hundreds of people in northern california are looking for new jobs as massive layof
morning the president once again called on congress to work together on a balanced approach to reduce the deficit and promote economic growth. he said businesses created 2.2 million jobs last year. he suggests economic reforms including reducing the cost of health care programs like medicare and closing loopholes in the tax code. >>> this is the first time in five-year that the dow closed above 14,000. it had dropped as low as 6600 in 2009, increased consumer confidence, manufacturing...
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it is easy for the public to focus on the debt and deficit and what is going on in washington. there is still some growth out there. the housing sector is coming back. the auto sector is coming back. those are positives that get completely put back to the forefront when everyone is talking about the debt. host: tom, elkhart, indiana. on our democrat line. caller: elkhart is the recreational vehicle capital. we went down on that in 2007 when the oil prices went up. we are manufacturing housing. we are the musical manufacturing capital. for band and treatments and such. they are made here anymore. are headquartered here, but the work is not here. i do not see how this works. host: were you at the president 's speech in 2009? what did you think when the president came to town? caller: it was helpful. he is doing what he can. he has faced a lot of resistance. it is postindustrial. i am working in michigan four eight federally subsidized wheelchair van. mostly my passengers are senior citizens and disabled people. the 47% that romney talked about. host: we will move on to charles, a
it is easy for the public to focus on the debt and deficit and what is going on in washington. there is still some growth out there. the housing sector is coming back. the auto sector is coming back. those are positives that get completely put back to the forefront when everyone is talking about the debt. host: tom, elkhart, indiana. on our democrat line. caller: elkhart is the recreational vehicle capital. we went down on that in 2007 when the oil prices went up. we are manufacturing housing....
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Feb 8, 2013
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let's look at the deficit because right now in san francisco, we are way below normal as far as the statistics are concerned. we are nearly 5.5" below normal and san jose nearly 3." the same story in san jose. what needs to be done? more rain. we have six more weeks of winter weather here in the bay area before spring. doesn't look like we'll see a major weather pattern change. it all needs to be seen. we'll stay on top of it with mobile weather right here on the embarcadero, roberta gonzales reporting for kpix 5. >> thank you. you can track the rain anytime with our live high-def doppler radar. that's on our cbssf.com/weather website. >>> tonight we know the name of the woman killed in this crash in east oakland. police say 24-year-old car linda faust mccandless was driving a stolen car when she crashed into another car on foothill boulevard monday. she died at the scene. the other driver had minor injuries. >>> in san jose fire investigators are trying to figure out the source of this house fire. the flames torched the home on mckendry street by dana avenue early this morning. no one was hur
let's look at the deficit because right now in san francisco, we are way below normal as far as the statistics are concerned. we are nearly 5.5" below normal and san jose nearly 3." the same story in san jose. what needs to be done? more rain. we have six more weeks of winter weather here in the bay area before spring. doesn't look like we'll see a major weather pattern change. it all needs to be seen. we'll stay on top of it with mobile weather right here on the embarcadero, roberta...
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as you know, there are a lot of deficit hawks out there that are happy to see cuts as painful as they may be. >> the problem is, the way it is being done now is very inefficient. it is like senator warner from virginia said. you cannot portion two thirds of a ship. lori: how is all of this impacting the day today operations? >> i think for our overseas operations, we will still have funding for that. the department of defense has directed that potentially it is a sequestration that does go into effect. all maintenance for all aircraft and ships will be stopped. we are looking at a ten year recovery rate. lori: with these cuts will be u.s. still have the largest defense budget in the world? >> ironically, i think, if done properly, again, everybody needs to take somewhat of a haircut, if you will, on spending because of our economic situation. the pentagon can take some more cuts. i will not give you what that number may be. if they budgeted around 450 billion annually, which is a fairly significant cut from where we were at last year, we could certainly take care of our national defen
as you know, there are a lot of deficit hawks out there that are happy to see cuts as painful as they may be. >> the problem is, the way it is being done now is very inefficient. it is like senator warner from virginia said. you cannot portion two thirds of a ship. lori: how is all of this impacting the day today operations? >> i think for our overseas operations, we will still have funding for that. the department of defense has directed that potentially it is a sequestration that...
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there's a big level of frustration about issues like sequestration and just the debt and the federal deficit in general. >> what are some of the other things you're hearing from your users on this issue? >> we're hearing a lot of just intensity around the cuts themselves, whether it's military pay or social security, there are people that really want a drilldown approach to look at the budget issue by issue rather than doing this full approach of a buzz cut for all federal spending. >> obviously we're dealing with a deadline of march 1. the spending cuts kick in. we're expecting a frenzy of activity in washington to deal with contingency plans. do you expect to see a big runup in people commenting to their lawmakers on this issue the next couple of days? >> we think it's really important. there's less than a month left before congress metes this deadline where they have to do something or the sequestration approach will happen. and i think what's needed now is congress needs to hear from their stifts, whether you -- constituents, whether you care about doing it one way or another, it's impor
there's a big level of frustration about issues like sequestration and just the debt and the federal deficit in general. >> what are some of the other things you're hearing from your users on this issue? >> we're hearing a lot of just intensity around the cuts themselves, whether it's military pay or social security, there are people that really want a drilldown approach to look at the budget issue by issue rather than doing this full approach of a buzz cut for all federal spending....
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we are also told he has attention deficit disorder. psychologically, how is this going to affect the little boy over the long term? >> i think any ability in any trauma that happens to a child, whether they have a psychiatric or mental health problem or not is going to fall heavily on them. the biggest message we can send to this child by his mother and father is he is safe and he is protected because he didn't feel safe and he wasn't protected and he ended up in this situation. that's the biggest impact on a child, especially after something is resolved. luckily, this is successfully resolved. but safety and protection is key for him. >> and of course, we don't know at this point what happened? we don't know whether there was sexual abuse or physical abuse or what happened in the bunker. >> exactly. right. and i mean the tendency is going to be to swarm around him to get information, both to help him and to understand what went down, down under that ground. but the bottom line is, the next few days are critical for this boy to bond wi
we are also told he has attention deficit disorder. psychologically, how is this going to affect the little boy over the long term? >> i think any ability in any trauma that happens to a child, whether they have a psychiatric or mental health problem or not is going to fall heavily on them. the biggest message we can send to this child by his mother and father is he is safe and he is protected because he didn't feel safe and he wasn't protected and he ended up in this situation. that's...
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you look at what california, my great state did, over the last year closing their budget deficit overnight really with tax -- big tax rise that governor brown got through. gold is the fear trade and look how quickly that has abated here in california. that potentially is a mantra for the country, and if people think the fear trade is gone. where are they going to go, equities and 14,000 may just be the beginning. that's what i see. >> that's right. >> the gold rush is over in california, again. >> thanks, everybody. we'll see you soon. appreciate your time. we are watching dow 14,000 going into the close tonight. josh lipton is right now looking at the stocks leading the comeback. over to you, josh. >> maria, big gains today following yesterday's selloff and lots of new highs starting with the dow transports, hitting a new all-time high year-to-date. the transports have outpaced the dow industrials by over 4%. all driving the rally, information technology stocks, computer sciences. the biggest gainer in the sector and on the s&p 500 today, up around 10%, a turnaround story, the i.t. compan
you look at what california, my great state did, over the last year closing their budget deficit overnight really with tax -- big tax rise that governor brown got through. gold is the fear trade and look how quickly that has abated here in california. that potentially is a mantra for the country, and if people think the fear trade is gone. where are they going to go, equities and 14,000 may just be the beginning. that's what i see. >> that's right. >> the gold rush is over in...
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Feb 7, 2013
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you addressed it today in terms of trust deficit, you said that was unacceptable. you would give straight answers and be blunt and candid. it is not a prerequisite to do that to be director of c.i.a. so i don't hold that as -- it would probably be a red flag if someone had that award and wanted your position. the kind of issues you have to deal with require straight talk, straight answers, and getting to the chase real quickly. you said it is the new jersey way, i accept that, it is bipartisan. governor christie exhibits the same kind of responses and has a pretty high approval rating. so we will go forward with taking you at your word. we will have the kind of relationship where we can have a blunt, straight forward, fully disclosed working relationship. i think it is critical for us to provide oversight, the ability for us to have the right kind of agencies so we know where each other is and move forward together in terms of what needs to be done to provide intelligence to that needs to be done to protect the american people. i wanted to say that. i want to follo
you addressed it today in terms of trust deficit, you said that was unacceptable. you would give straight answers and be blunt and candid. it is not a prerequisite to do that to be director of c.i.a. so i don't hold that as -- it would probably be a red flag if someone had that award and wanted your position. the kind of issues you have to deal with require straight talk, straight answers, and getting to the chase real quickly. you said it is the new jersey way, i accept that, it is bipartisan....
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restoring the 10 percent pay cuts they have previously accepted to help limit layoffs during record budget deficits. city leaders indicated they would support modest raises but the police officer association argued bigger raises are needed to keep the officers from leaving the department. the union has also called for opening negotiations to the public. >> the boy scouts of america could vote soon on whether to lit a policy that excludes gay members and leaders at the headquarters in texas. the proposal would allow individual troops to decide how to address the issue. a conservative group in texas organized a prayer vigil for this morning. the organization is expected to issue a statement today either way. >> the nasdaq exchange could be paying millions over facebook's botched initial public offering. the "wall street journal" reports that nasdaq is in talks with the government to pay $5 million in penalties, only 1 percent of the money lost by brokers and investors. last may, on the morning of the i.p.o. technical problems delayed the trading of the facebook shares and the nasdaq is offering to co
restoring the 10 percent pay cuts they have previously accepted to help limit layoffs during record budget deficits. city leaders indicated they would support modest raises but the police officer association argued bigger raises are needed to keep the officers from leaving the department. the union has also called for opening negotiations to the public. >> the boy scouts of america could vote soon on whether to lit a policy that excludes gay members and leaders at the headquarters in...
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Feb 1, 2013
02/13
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let's get the deficit down. big picture stuff that never really surfaced in the obama administration. >> it absolutely didn't. and again, perhaps that's a reason the council is going away. the recommendations that -- the big picture items that the council recommended were never really adopted by the obama administration, never pursued, despite the fact that these are people the president appointed and had significant business experience. and somebody again that would lend credibility to us as republicans and democrats in congress as a way to come together to get this country's economy moving. in my view, the situation has not changed. in fact, as we saw by the numbers you just reported, the lack of jobs, the slowing of the economy are still here, perhaps getting more evidence that things are going in the wrong direction, not the right direction. and all the more reason to have something to coalesce around the darn partisanship of washington, d.c. and the differences between congress. and i could say every time i
let's get the deficit down. big picture stuff that never really surfaced in the obama administration. >> it absolutely didn't. and again, perhaps that's a reason the council is going away. the recommendations that -- the big picture items that the council recommended were never really adopted by the obama administration, never pursued, despite the fact that these are people the president appointed and had significant business experience. and somebody again that would lend credibility to...
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Feb 1, 2013
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president obama wants to preserve more spending, wants to cut the deficit by racing taxes. there are two different ideas of how to handle the economy. president obama won the election. the democratic party won the senate, and the republicans even lost a few seats in the house, so the democrats ar have just hd more momentum lately because they won. >> so what does that mean for us? >> well, it means -- it means that republicans are going to be fighting on the federal spening part but likely we're going to live in an economy that's structured according to president obama's wishes for the next four years because he got reelected. >> byron york, nice to see you from san francisco. always appreciate it. >> thank you, jenna. >>> the white house reaction to today's job report is this. the president's economic advisors saying critical investments are needed to promote job creation. that's part of the game plan. is more spending the answer here? former ohio democratic congressman and fox news contributor now dennis accuse k. spend what and spend it where? >> first of all, we can't b
president obama wants to preserve more spending, wants to cut the deficit by racing taxes. there are two different ideas of how to handle the economy. president obama won the election. the democratic party won the senate, and the republicans even lost a few seats in the house, so the democrats ar have just hd more momentum lately because they won. >> so what does that mean for us? >> well, it means -- it means that republicans are going to be fighting on the federal spening part but...
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Feb 9, 2013
02/13
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democrats and republicans can still get together on a balanced solution to the deficit crisis. republican senator mitch mcconnell says that he know that sequestration would have consequences, but he blames president obama for not putting forward an acceptable plan to prevent it. for more on that, jonathan strong, staff writer, role call, alexander burns and national political reporter with politico. good afternoon to both of you. >> hello. >> outgoing defense secretary leon panetta warned that the $85 billion in cuts would curtail american naval operations by a full third and could force furloughs of as many as 800,000 civilian workers. take a listen to what he said. >> it is difficult to believe, frankly, that congress would simply stand aside. stand aside, fail to make the decisions necessary to resolve this crisis and allow the defense economy, equality of life of america to be irreparably damaged. >> how damaging would these cuts be to our national security? >> it's a great question. the impact is going to be fairly dramatic to some of the employees, civilian employees of t
democrats and republicans can still get together on a balanced solution to the deficit crisis. republican senator mitch mcconnell says that he know that sequestration would have consequences, but he blames president obama for not putting forward an acceptable plan to prevent it. for more on that, jonathan strong, staff writer, role call, alexander burns and national political reporter with politico. good afternoon to both of you. >> hello. >> outgoing defense secretary leon panetta...
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Feb 6, 2013
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>> bill plante, thanks. >> the congressional bucket office is predicting they'll drop the deficit. but that will only happen if there's no deal to head off the automatic spending cuts known as the sequester. they project the economy would only grow 1.4% and economy 1.8%. >>> republicans say the latest offer is nothing new and means higher taxes. the president believes the cuts would hurt the economy and he's willing to settle for a short-term fix. >> if congress can't act immediately on a bigger package, if they can't get a bigger package done by the time the sequester is scheduled to go into effect, then i believe they should at least pass a smaller package of spending cuts and tax reforms that would delay the economic damaging effects of the sequester for faw more months until congress finds a way. >>> cbs political news director john dickerson. john, good morning. another deadline in washington, another proposal for a short-term fix without any specifics about how to do it and thousands of people facing job loss. is this about the president trying to gain the political upper han
>> bill plante, thanks. >> the congressional bucket office is predicting they'll drop the deficit. but that will only happen if there's no deal to head off the automatic spending cuts known as the sequester. they project the economy would only grow 1.4% and economy 1.8%. >>> republicans say the latest offer is nothing new and means higher taxes. the president believes the cuts would hurt the economy and he's willing to settle for a short-term fix. >> if congress can't...
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Feb 8, 2013
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this after a report showed the united states trade deficit narrowed sharply in december. stocks are also boosted by strong earnings reports. the dow up 62. the nasdaq is up 26. >>> the united states justice department is considering a lawsuit against moody's for defrauding investors. it's sources say the government could wait until that has worked its way through the courts before taking action against moody. both services accused of inflating the ratings of some mortgage bonds to drive business leading to the subprime meltdown. >> will -- the gains are look for another sweep. pam cook is in studio now with what goes on outside the ballpark. >> reporter: that's right. the giants are asking you to join the team in another big sweep. >> the giants have won it all. playing off the sweep in the world serious they are teaming up with public works to clean up the streets of san francisco. san francisco has been voted one of the dirtiest cities in the country and if you have been there recently or live there you know there is a lot of trash on the streets. the mayor is revealing
this after a report showed the united states trade deficit narrowed sharply in december. stocks are also boosted by strong earnings reports. the dow up 62. the nasdaq is up 26. >>> the united states justice department is considering a lawsuit against moody's for defrauding investors. it's sources say the government could wait until that has worked its way through the courts before taking action against moody. both services accused of inflating the ratings of some mortgage bonds to...
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Feb 8, 2013
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. >> the fact is though, we can't finish the job deficit reduction through spending cuts alone. >> yes, we can. [ laughter ] >> we can. >> john: now, that is romance. before we go tonight. one more look at the radar on the scene from boston as the huge storm is getting ready to wrap you up. expected to dump as much as 3-foot
. >> the fact is though, we can't finish the job deficit reduction through spending cuts alone. >> yes, we can. [ laughter ] >> we can. >> john: now, that is romance. before we go tonight. one more look at the radar on the scene from boston as the huge storm is getting ready to wrap you up. expected to dump as much as 3-foot
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Feb 8, 2013
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we're expecting, you know, 8 billion wider deficit, and 46. and last month, had the most subtle revisions, we'll just call it a push. so you know, i'm going to have to ponder this. we know that there's a lot of foreign exchange going on in the world. most of it right now isn't free market driven, it's central bank printing driven. thinking this through, of course, is going to have big possibilities for strategic trades down the road. especially if the offshoot of what's going on potentially between europe, japan, maybe to a lesser extent china, is going to boost the value of the dollar. is that something that's going to help or hurt? how important is this number? all that, of course, will be defined by the market at some point. yields are a bit lower today. as a matter of fact on thecoms, one week ago today, friday, pretty much the high close going back to april for most maturities. for the ten year 202 closing yield. we're 18 basis points higher on the year. back to you. >> hey, rick, this is a big deal for that fourth quarter gdp growth. >>
we're expecting, you know, 8 billion wider deficit, and 46. and last month, had the most subtle revisions, we'll just call it a push. so you know, i'm going to have to ponder this. we know that there's a lot of foreign exchange going on in the world. most of it right now isn't free market driven, it's central bank printing driven. thinking this through, of course, is going to have big possibilities for strategic trades down the road. especially if the offshoot of what's going on potentially...
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address, president obama is calling on congress to work together on a balanced approach to reduceth deficit and promoting economic growth. >> what we need instead is a balanced approach. an approach that says let's cut where we can afford but let's make the investments we can't afford to live without. investments in education and infrastructure, research and development. the things that will help america compete for the best jobs and new industries. >> the president said the economy is poised to expand this year after 2.2 million jobs were created last year. republicans say this is the chance for congress to begin balancing our nation's checkbook. jump starting the economy and restoring faith in our government. >>> energy secretary steven chu is stepping down. the former head of the lawrence berkeley national lab drew a lot of political fire during his tenure on the president's cab net. but as abc7 news political reporter mark matthew notes, khu also drew a lot of talent to the department as he worked to reshape its mission. >> at the white house, president obama publicly thank the steven c
address, president obama is calling on congress to work together on a balanced approach to reduceth deficit and promoting economic growth. >> what we need instead is a balanced approach. an approach that says let's cut where we can afford but let's make the investments we can't afford to live without. investments in education and infrastructure, research and development. the things that will help america compete for the best jobs and new industries. >> the president said the economy...
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trade deficit sank nearly 21% in december to $38.5 billion. that is the biggest drop in four years. analysts expected it to drop but not by that much. >>> the wall street journal reports u.s. airways and american airlines could announce a merger as early as tuesday. some are scheduled to meet on monday and the boards could meet later that same day. analysts say both airlines would benefit since they have few over lapping roots. >>> time now 5:52. court arguments over a bay area suicide. how first responders are defending themselves. >>> a new day a new tattoo for 49er star quarterback colin kaepernick. what he says the design represents. >>> a few showers around. partly cloudy and a cool breezy day. highs in the low 50s. >>> a judge may decide today if a family of a drowning man can sue the city of alameda. this incident happened memorial day 2011. it made nation-wide news. raymond zach died on a beach in alameda as rescuers watched him on shore. they could not help the man because they were not certified in water rescues. they call it a tragic situation but they.edu not have the le
trade deficit sank nearly 21% in december to $38.5 billion. that is the biggest drop in four years. analysts expected it to drop but not by that much. >>> the wall street journal reports u.s. airways and american airlines could announce a merger as early as tuesday. some are scheduled to meet on monday and the boards could meet later that same day. analysts say both airlines would benefit since they have few over lapping roots. >>> time now 5:52. court arguments over a bay...
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Feb 5, 2013
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this president said he was going to cut the deficit. he went from a $6 trillion economy to a $9 trillion economy. his jobs plan was a complete failure. the democrats talk about the war on women, yet you have this mr. menendez who flies to a southern country, has sex with an underage gal, and does not want to pay this prostitute. here's a guy who makes all kinds of money. it is ridiculous. the democrats had senator byrd in the race -- in the senate for years and they talk about race. you guys do not seem to be able to get your message across. i know you are frustrated. it is not a spending problem. of course it is a spending problem. we never have budgets like this, throwing money at all times of all kinds of different programs. how many more democrats talk about, i did not cheat on my wife, i only did it when her cancer was in remission. guest: the caller has raised a number of different points. one point, the overarching theme of his call was the frustration he has of republicans getting the message out. i do appreciate c-span allowing
this president said he was going to cut the deficit. he went from a $6 trillion economy to a $9 trillion economy. his jobs plan was a complete failure. the democrats talk about the war on women, yet you have this mr. menendez who flies to a southern country, has sex with an underage gal, and does not want to pay this prostitute. here's a guy who makes all kinds of money. it is ridiculous. the democrats had senator byrd in the race -- in the senate for years and they talk about race. you guys do...
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. >> the fact is though, we can't finish the job deficit reduction through spending cuts alone. >> yes, we can. [ laughter ] >> we can. >> john: now, that is romance. before we go tonight. one more look at the radar on the scene from boston as the huge storm is getting ready to wrap you up. expected to dump as much as 3-foot of snow in massachusetts and new england. we at fox will be watching this closely. we have complete coverage for you this evening and again tomorrow as new england starts to dig out. that's it for "special report" for tonight. i'm john roberts in for bret baier. good night from washington. "the fox report" is next. >> shepard: this is the fox report. tonight, pictures from massachusetts. waves crashes as a major winter storm moves into the northeast. plus, any minute now we're expecting law enforcement to updates us on this manget the manhunt for this excop accused of killing three people and promising to kill many more. we will bring that to you live. plus, the secret service looking into who apparently got into the email accounts of the bush family. but first fro
. >> the fact is though, we can't finish the job deficit reduction through spending cuts alone. >> yes, we can. [ laughter ] >> we can. >> john: now, that is romance. before we go tonight. one more look at the radar on the scene from boston as the huge storm is getting ready to wrap you up. expected to dump as much as 3-foot of snow in massachusetts and new england. we at fox will be watching this closely. we have complete coverage for you this evening and again tomorrow...
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Feb 4, 2013
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all of this screaming about the deficit and we're going to be greece. [ screaming ] moderate changes could control the situation for at least a decade, most agree. listening to the political shouting match and seeing washington lurch from one fiscal crisis to another the deficit is the equivalent of a meteor hurdling toward the u.s. the reality is different. the debt is probably not even the country's most economic challenge most experts say and certainly not the most urgent. the country is on course of spending that could lead to serious trouble not today or tomorrow but probably 10 to 20 years down the road. what the evidence does not show is such a crisis is close at hand or the u.s. is at imminent danger of turning into a basket case like present day greece. unless -- their austerity measures which is the opposite. financial experts agree it poses huge long-term challenges for the budget the nation's debt could be controlled by making a series of moderate policy changes. those changes although perhaps unwelcome would not require drastic changes. so there. thank you. [ applause ]
all of this screaming about the deficit and we're going to be greece. [ screaming ] moderate changes could control the situation for at least a decade, most agree. listening to the political shouting match and seeing washington lurch from one fiscal crisis to another the deficit is the equivalent of a meteor hurdling toward the u.s. the reality is different. the debt is probably not even the country's most economic challenge most experts say and certainly not the most urgent. the country is on...
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morning in his weekly address, president obama is calling on congress to work together to reduce the deficit and promote economic growth. >> what we need instead is a balanced approach. an approach that says let's cut where we can afford but let's make the investments we can't afford to live without. investments in education and infrastructure, research and development. the things that will help america compete for the best jobs and new industries. >> the president said the economy is poised to expand this year after 2.2 million jobs were created last year. republicans say this is the chance for congress to begin balancing our nation's checkbook. jump starting the economy and restoring faith in our government. >>> energy secretary steven chu is stepping down. the former head of the lawrence berkeley national lab drew a lot of political fire during his tenure on the president's cab -- cabinet. but as abc7 news political reporter mark matthew notes, khu also drew a lot of talent to the department as he worked to reshape its mission. >> at the white house, president obama publicly thanked steve
morning in his weekly address, president obama is calling on congress to work together to reduce the deficit and promote economic growth. >> what we need instead is a balanced approach. an approach that says let's cut where we can afford but let's make the investments we can't afford to live without. investments in education and infrastructure, research and development. the things that will help america compete for the best jobs and new industries. >> the president said the economy...
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Feb 6, 2013
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indicated they will let the automatic cuts take effect if there is no long-term agreement to reduce the deficit. those cuts would take a bite out of military spending and domestic programs, including a 2% hit to medicare. danielle nottingham, cbs news, the white house. >>> president obama is planning a major overseas trip. for the first time since becoming president, mr. obama will travel to israel. it will happen in the spring. the president will meet with israeli prime minister benjamin netanyahu. reportedly as early as march. the two leaders have had a rocky relationship. the white house says the trip will be an opportunity to reaffirm ties between the u.s. and israel. president obama will also visit the west bank and jordan. >>> the military is poised to extend some benefits to same- sex partners of gay servicemembers. u.s. officials say they are likely to include health and welfare programs as well as access to on base stores and services 16 months after the pentagon revealed the ban on openly gay servicemembers. an announcement is expected in the next few days. >>> britain is one step clo
indicated they will let the automatic cuts take effect if there is no long-term agreement to reduce the deficit. those cuts would take a bite out of military spending and domestic programs, including a 2% hit to medicare. danielle nottingham, cbs news, the white house. >>> president obama is planning a major overseas trip. for the first time since becoming president, mr. obama will travel to israel. it will happen in the spring. the president will meet with israeli prime minister...
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Feb 7, 2013
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everybody at a deficit. this will be the first big storm we have had in a very long time big zacket. two storms now. this is where all the moisture is out across the south. cold air is with this system across the northern plains. both of these storms are going to continue to move up here. they will get together. we call it phasing the streams insteps city once it gets over water. that will happen areas across the northern hazell of jersey. philadelphia and d.c. nor of an new england storm. blizzard watches for boston and proched. very strong went with this. areas of new england definitely getting a monster storm boston and portland inland two feet 32-degree line make a difference for new york. going to be over 1 to 3 inches. maybe 3 to 6 if it goes farther toward the south. shep? >> shepard: not too bad for us. heavy fog may be to blame for a gruesome scene this morning after a series of crashes involving some 27 cars and trucks. officials say it happened on interstate 16 west of savannah, georgia likely bec
everybody at a deficit. this will be the first big storm we have had in a very long time big zacket. two storms now. this is where all the moisture is out across the south. cold air is with this system across the northern plains. both of these storms are going to continue to move up here. they will get together. we call it phasing the streams insteps city once it gets over water. that will happen areas across the northern hazell of jersey. philadelphia and d.c. nor of an new england storm....
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Feb 2, 2013
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eventually debt has to be paid back and the problem is we adding three billion a day to the deficit, and i'm just worried that one day we're going to wake up and the market's eyes are going to open up and say wait a minute, look at all these debt and start hitting the wrong way. but look. so far so good. for whatever reason the market likes what it sees, and i never argue with the market. it's kind of stupid to do that. i think you would be run over by a train if you bet against it right now. >> heather: gary kaltbaum joining us. thank you so much. we appreciate your insight as always. >> my pleasure. thank you. >> gregg: so he gave us the barney cam. remember that, and he was by president bush's side throughout his eight years in the white house. what the former president is now saying about his beloved scottish terrier. yeah the barney cam. >> heather: hours before the big game, gregg, new developments and allegations involving nfl player ray lewis. >> gregg: really? i'm so stunned. i'm surprised about this. >> heather: he's speaking out about this. >> gregg: he is? he's talking no
eventually debt has to be paid back and the problem is we adding three billion a day to the deficit, and i'm just worried that one day we're going to wake up and the market's eyes are going to open up and say wait a minute, look at all these debt and start hitting the wrong way. but look. so far so good. for whatever reason the market likes what it sees, and i never argue with the market. it's kind of stupid to do that. i think you would be run over by a train if you bet against it right now....
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Feb 4, 2013
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if you combine those things together we cannot only reduce our deficit but we can invest in education and research and development that will help us grow. martha: what do you think about that at home and what does karl rove think about that. former senior adviser to president george w. bush. there was a lot in that sound bite. we know the tax hikes have kicked in, but the president is suggesting that we need more money from the american people essentially. >> we have a spending problem not a revenue problem. revenues this year are anticipated to be above the year they were in fiscal '08. they are going to be over $2.9 trillion over $2 trillion. spending has increased more rapidly than revenues. the tax revenues we got as a result of raising the rates on the top two brackets was eaten up about it congress in one spending bill proposed about it administration, the sandy relief measure. we have a spending problem and it's going to get worse. martha: during the campaign we heard from governor romney about changing the structure of the tax code long term instead of just raising taxes and d
if you combine those things together we cannot only reduce our deficit but we can invest in education and research and development that will help us grow. martha: what do you think about that at home and what does karl rove think about that. former senior adviser to president george w. bush. there was a lot in that sound bite. we know the tax hikes have kicked in, but the president is suggesting that we need more money from the american people essentially. >> we have a spending problem...
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Feb 4, 2013
02/13
by
KPIX
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if you combine those things together, then we can not only reduce our deficit, but we can continue to invest in things like education and research and development that are going to help us grow. washington cannot continually operate under a cloud of crisis. that freezes up consumers. it gets businesses worried. we can't afford these self-inflicted wounds. there is a way for us to solve these budget problems in a responsible way through a balanced approach that the vast majority of people agree with. if we do that there's no reason why. we can't have strong growth in 2013. we can't have washington dysfunction getting in the way. >> charlie, it's interesting to hear the president say they do need additional revenue, but it's not going to come from raising rates again. that will be sort of this next battle they're fighting. >> closing loopholes. >> and also the president is going to be heading to minnesota for a push for stronger gun control laws. that will be the next thing on his agenda. >>> new details are emerging from a natural gas facility in algeria. the siege left 27 foreign work
if you combine those things together, then we can not only reduce our deficit, but we can continue to invest in things like education and research and development that are going to help us grow. washington cannot continually operate under a cloud of crisis. that freezes up consumers. it gets businesses worried. we can't afford these self-inflicted wounds. there is a way for us to solve these budget problems in a responsible way through a balanced approach that the vast majority of people agree...
571
571
Feb 5, 2013
02/13
by
KPIX
tv
eye 571
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cuts were designed to be so painful they would force congress to come one a smarter way to trim the deficit instead but it didn't happen. house republicans poind out they passed a bill to replace the sequester with cuts to federal worker pay, food stamps and other programs. democrats say that puts the burden on poor and middle class americans to pay for debt reduction. >> remember the american people still believe by an overwhelming margin that the rich should contribute to this. >> reporter: republicans argue democrats have no plan for replacing the sequester beyond eliminating tax breaks for corporate jet owners and oil companies. >> these aren't real solutions, mr. president. they're poll tested gimmicks. >> reporter: the cuts were originally supposed to kick in last month, but a last-minute deal pushed them off for two months. the president is meeting at this hour with labor leaders later this afternoon with business leaders and the subject, norah and charlie, is sure to come up. >> nancy cordes thanks. >>> meantime house majority leader eric cantor will be outlining a new agenda for hi
cuts were designed to be so painful they would force congress to come one a smarter way to trim the deficit instead but it didn't happen. house republicans poind out they passed a bill to replace the sequester with cuts to federal worker pay, food stamps and other programs. democrats say that puts the burden on poor and middle class americans to pay for debt reduction. >> remember the american people still believe by an overwhelming margin that the rich should contribute to this. >>...
75
75
Feb 9, 2013
02/13
by
MSNBCW
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eye 75
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he sold them a bill of goods, and what they got back was medicare part d, a ballooning deficit, and a financial crisis that devastated the country, a failed war -- a war in iraq that was ill-advised to put it mildly, and now the cuckoo's nest who he cultivated as the ground troops, they think they're in charge and they're not going to listen to him saying they're not. >> what was the big thing with karl rove? did he start a war to celebrate the tax cut or have a tax cut to celebrate the war. i mean, he put it all together. i forgot to mention the prescription drug thing thrown in without financing it. >> right, right, right. and, you know, he did do a great job, you know, mobilizing and energizing the right wing base to get behind george w. bush, and then he and others did a great job in the last few years under barack obama of energizing them by demonizing barack obama and pushing them to the fringe. and now he comes along and says, wait a second, you've gone too far. this monster that i have helped to create has gone too far, and i'm picking up the pitchfork and i got my fire, my to
he sold them a bill of goods, and what they got back was medicare part d, a ballooning deficit, and a financial crisis that devastated the country, a failed war -- a war in iraq that was ill-advised to put it mildly, and now the cuckoo's nest who he cultivated as the ground troops, they think they're in charge and they're not going to listen to him saying they're not. >> what was the big thing with karl rove? did he start a war to celebrate the tax cut or have a tax cut to celebrate the...
186
186
Feb 8, 2013
02/13
by
FOXNEWSW
tv
eye 186
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. >> the spending, especially the deficit, that needs to be under control. >> you really believe that? >> i have my concerns but i do believe we have a president that is at the helm of this nation and will steer it in the right direction. >> is it cold in here. >> not to me. >> temperature is -- >> why are you wearing a pink shirt. >> i'm trying to fit in here. it's flesh colored. >> i don't want to get naked in front of another man. >> a lot of spending and a lot of debt. are you concerned about that? >> i think that. [crickets chirping] >> um. >> i don't have a lot of money to begin with you about i did vote for obama. >> we're down right now as a country. we will come back. >> we need to get back to we the people. less government. >> we are doomed, doomed, doomed the next four years. >> i don't know if it's really record spending. i'm not really sure about that >> is there anything about the president that concerns you? >> i think he is trying to bring the country into the right direction. >> i'm a little concerned about the gun control issue. everybody in florida wants their guns.
. >> the spending, especially the deficit, that needs to be under control. >> you really believe that? >> i have my concerns but i do believe we have a president that is at the helm of this nation and will steer it in the right direction. >> is it cold in here. >> not to me. >> temperature is -- >> why are you wearing a pink shirt. >> i'm trying to fit in here. it's flesh colored. >> i don't want to get naked in front of another man....
226
226
Feb 9, 2013
02/13
by
KRON
tv
eye 226
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have cut jobs we made responsible cups the and manageable changes to the tax cut bill bring down our deficit. this time congress should taps de more intense series of cuts. automatic across-the-board spending cuts and that a sequester are set to take effect on march 1st. if the cuts aren't averted the military middle-class families and the economy could suffer. new data shows that puerto was a record year for four california wine grape growers. they had more than 4 million t of rice last year. 20 percent more red wine grapes compared to 2011. the average price for all grades across california also shot up 25%. to $734 per ton. in napa county grace were more pricey of $3,600 per ton. americans are sweet for valentine's day, and americans are spending big time. $80.6 billion will be sent on valentine's day gifts. men will spend twice as much as the woman. an average of $131 per valentine's day gift. americans will spend 1.6 billion on candy 1.9 billion on flowers and 4.8 billion on down has a for jewelry. but let's check in with our own valentine jan. this is the channel phoenix from a land ca
have cut jobs we made responsible cups the and manageable changes to the tax cut bill bring down our deficit. this time congress should taps de more intense series of cuts. automatic across-the-board spending cuts and that a sequester are set to take effect on march 1st. if the cuts aren't averted the military middle-class families and the economy could suffer. new data shows that puerto was a record year for four california wine grape growers. they had more than 4 million t of rice last year....